Large banks in Britain want the UK government to allow their industry to remain subject to EU laws for up to five years after Brexit, a move likely to enrage eurosceptics who want to break away from the bloc's legal system as soon as possible. The banks - international players - are also pressing the government to allow the European…

When President-elect Donald Trump returns to this factory town on Friday for a victory celebration, he will find a region that is already experiencing the manufacturing renaissance he promised on the campaign trail. With local factories employing more workers than any time since the late 1990s, assembly line jobs are not hard to find. Those that pay a decent wage,…

A fire that devastated an Oakland, California, loft building during a weekend dance party has taken at least 33 lives and the toll will likely rise, authorities said on Sunday, as criminal investigators joined recovery teams at the charred ruin. Firefighters in Oakland, east of San Francisco, found the remains of nearly three dozen victims as they sifted through the…

U.S. President-elect Donald Trump complained about Chinese economic and military policy on Twitter on Sunday, showing no signs of a conciliatory approach after a phone conversation with Taiwan's president raised hackles in Beijing. Trump's unusual call with Taiwan President Tsai Ing-wen on Friday prompted a diplomatic protest with the United States on Saturday, although Vice President-elect Mike Pence downplayed its…

A consortium led by private-equity firm Carlyle Group (CG.O) and Chinese conglomerate Citic Group Corp has neared a deal to buy McDonald's Corp's (MCD.N) stores in China and Hong Kong for up to $3 billion, a source with direct knowledge of the matter said. The deal is likely to be signed before Christmas, the source said. Reuters had reported in…

President Vladimir Putin struck an unusually conciliatory tone in his annual state of the nation address on Thursday, saying Moscow wanted to get on with the incoming U.S. administration and was looking to make friends not enemies. Putin has used previous set-piece speeches to lash out at the West and the United States in particular, but he reined in his…